Our Perspective
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Fresh New Thinking on Facultative [Video]
By Oscar Edelsvärd December 04, 2014English
It’s a challenging environment for insurers, so finding ways to manage volatility and protect earnings is important to our clients. For many clients, a very effective way to help them reach their goals, without losing sight of cost, is to create...
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There’s No Use Crying Over Spilled Milk - But What About Spilled Wine? (Part Two)
By Stephen Byrne November 22, 2014English
In my previous blog I discussed how the recent Southern Napa Valley earthquake might have left some winery owners (and insurers for that matter) with a financial hangover. We looked at some of the underwriting and policy issues around business interruption...
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The Insurance Contracts Bill - Significant Change for Contracts Written in the London Market
By Geoff PiggotNovember 18, 2014English
Since 2006, the Law Commission of England & Wales and the Scottish Law Commission have been undertaking a project to reform insurance contract law. The objective is to bring about a modern legal regime fit for the 21st century; the current one dates...
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Correlation – Dealing With Uncertainty and Other Assumptions
By Tony SammurNovember 09, 2014English
In my last blog, I discussed Cat risk correlation in accounts and portfolios from individual catastrophes. Correlation can also happen when a cluster of Cat events occur within a short time period, due to persistent atmospheric conditions, or where...
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Utilities in Transition - The Changing Balance of Power
By Mike MaloneyNovember 02, 2014English
Traditional electric energy utilities are under increasing economic stress as competing renewable generating technologies, such as wind and solar, eat into their business. These utilities are shutting down their least efficient coal plants, often their...
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There’s No Use Crying Over Spilled Milk - But What About Spilled Wine?
By Stephen Byrne October 14, 2014English
If you’re a winery owner in California, you probably felt like a good cry after the recent Southern Napa Valley earthquake. The same might be true for underwriters with clients in the winery business, some of whom are still counting their losses. On...
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